OpenAI raises massive funding, deals with legal and internal issues

OpenAI has secured a huge new round of funding, reportedly raising $110 billion at a valuation of $730 billion. The company is also working on a deal with the Pentagon and plans to raise an additional $10 billion from financial investors.

Separately, OpenAI fired an employee for making trades on a prediction market using insider information. A judge also dismissed a trade-secrets lawsuit filed by Elon Musk's company xAI against OpenAI. Musk criticized OpenAI in a separate deposition.